Duct Tape Marketing

NOVEMBER 2, 2023

Unlocking the Power of Data: Transforming Metrics into Actionable Insights written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Janstch In this episode of the Duct Tape Marketing Podcast , I interviewed Peter Caputa, CEO of Databox, an innovative player in the realm of marketing analytics.

Metrics 75

Metrics Analytics Forecast Software Review 75

Steve Blank

SEPTEMBER 5, 2018

A version of this article first appeared in the Harvard Business Review. It’s the antithesis of the Lean Startup. Almost overnight the floodgates opened, and risk capital was available at scale from venture capital investors who rushed their startups toward public offerings. ” Fire, Ready, Aim. And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

NOVEMBER 2, 2022

There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology.

Forecast 304

Forecast Stock Options Technical Review Metrics 304

VC Cafe

NOVEMBER 2, 2019

One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate? Benchmarks are typically specific to stage/business model/geo. What should our MRR growth be?

B2C 141

B2C Technical Review Startup Retention 141

Startup Professionals Musings

FEBRUARY 8, 2020

There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology.

Management 322

Management Entrepreneur Forecast Stock Options 322

Both Sides of the Table

JUNE 4, 2013

I recommend you read Fred Wilson’s recent blog post about the need for a well articulated business strategy before pushing a particular business model. He then brought her to board meetings so nobody could accuse him of not having a business model. You need to first create a compelling product.

Technical Review 401

Technical Review Startup Business Model Non-Compete 401

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 17, 2011

As a preamble to the metrics, it’s useful to know what you’re measuring and why it’s vital. Cancellation rate] = [product utility] + [service quality] + [acceptable price]. I’ve never seen a graph of “usefulness of the product.”) Why cancellation rate is so important.

Business Model 245

Business Model Metrics Engineer Technical Review 245

VC Cafe

FEBRUARY 21, 2023

This is a question startup founders ask themselves multiple times a week. It’s not just the competition against the incumbents and the large tech platforms that founders has to worry about, but most importantly is the company’s performance and product market fit. How are we doing? The benchmarks are based on the US market.

Retention 109

Retention Conversion Churn Rate B2C 109

VC Cafe

OCTOBER 23, 2022

” No one questions the importance of revenue, but asking the question enabled us to start thinking on what would be the right metric. Did you know that companies like Airbnb, Spotify and Netflix purposely avoid setting revenue as their North Star Metric? Why is revenue not a good ‘North Star’ Metric?

Metrics 179

Metrics Revenue B2C Portfolio 179

Startup Professionals Musings

JANUARY 25, 2023

New digital technologies, business models, and regulatory rulings are forcing all of us to think outside of our silos and rethink what it means to operate effectively. Most great business leaders, including Jeff Bezos , maintain a key internal team to study and implement the next steps.

Partner 350

Partner Operations Metrics Leadership 350

Startup Professionals Musings

OCTOBER 17, 2018

What is the definition of traction for a business startup today? This can happen through early marketing, independent of whether you have yet delivered a single product, proven your business model, or have any real customers. Define metrics on customer feedback and user counts.

Advisory Board 199

Advisory Board Technical Review Metrics Business Model 199

Startup Professionals Musings

MARCH 5, 2023

Bill was relentless in his focus on getting the software PC DOS project delivered, while continually challenging us with new business models. Finding a co-founder is rarely a bad thing, since two heads are always better than one in meeting all the startup challenges. Detailed product specifications and prototypes.

Cofounder 389

Cofounder Startup Term Sheet Acquisition 389

Startup Professionals Musings

AUGUST 27, 2014

There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology.

Startup 283

Startup Forecast Stock Options Technical Review 283

YoungUpstarts

JUNE 4, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 127

Framework Architecture Cleveland Early Stage 127

SoCal CTO

MARCH 5, 2007

There are quite a few other Software Development Companies in Southern California working on open source and/or freemium business models. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO? .

Open Source 150

Open Source Business Model Technical Cofounder Southern California 150

YoungUpstarts

MAY 24, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 113

Framework Architecture Cleveland Early Stage 113

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? What metrics do we use to see if we learned enough in Customer Discovery ? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?”

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

OCTOBER 15, 2019

Once upon a time every great organization was a scrappy startup willing to take risks – new ideas, new methods, new customers, targets, and mission. If they were a commercial company, they figured out product/market fit; or if a government organization, it focused on solution/mission fit. Process Versus Product.

Government 315

Government Technical Review Acquisition Metrics 315

Steve Blank

AUGUST 21, 2013

What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently? —— When I wrote Four Steps to the Epiphany and the Startup Owners Manual , I believed that Life Sciences startups didn’t need Customer Discovery.

SBIR 314

SBIR Technical Review Lean Startup 314

NZ Entrepreneur

SEPTEMBER 29, 2021

It is our startup sector which will drive this innovative progress. Startup founders are our ambitious problem solvers. To generate growth in a startup, it is almost always necessary to raise external capital to run the necessary. experiments to build a product, find customers, test business models and hire amazing people.

Technical Review 88

Technical Review Software Review New Zealand Due Diligence 88

YoungUpstarts

JULY 2, 2020

In the world of startups, budgets are tight and margins slim — there’s no room for slack. As your business gains its footing, it’s crucial that you do everything you can to maximize startup productivity without inciting burnout or turnover. Thankfully, there are plenty of solutions that businesses can adopt.

Product 243

Product Startup Email Social Media 243

Startup Professionals Musings

DECEMBER 14, 2013

Entrepreneurs always work hard to create an innovative product or service, but often count on standard seller marketing for sales. Schedule and run the necessary sessions to update strategic product offerings, processes, and marketing programs. Align your business model to how your customers want to buy. Marty Zwilling.

Revenue 263

Revenue Startup Technical Review Business Model 263

Steve Blank

MARCH 31, 2014

Just look at the disruptive challenges that businesses face today– globalization, China as a manufacturer, China as a consumer, the Internet, and a steady stream of new startups. Perhaps that’s because where established companies might see risks or threats, startups see opportunity.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Startup Professionals Musings

DECEMBER 12, 2022

As a business advisor, I have too often seen technical entrepreneurs get a product or service off the ground with ease, but then struggle mightily when their business reaches a couple of million in annual sales, or the employee count grows beyond a handful. With a startup, everything is an experiment.

Startup 343

Startup Metrics Hiring Leadership 343

Startup Professionals Musings

AUGUST 13, 2013

Within the startup realm, there is a big difference between having an innovative product versus an innovative business. Some startups have a new technology, but stick to a tried-and-true business model. Others take an existing product, and give it new life with a creative business model.

Business Model 231

Business Model Product Metrics Global 231

YoungUpstarts

AUGUST 30, 2011

Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, in June released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. 74% of high growth internet startups fail due to premature scaling.

Silicon Valley 189

Silicon Valley Software Review Startup Cofounder 189

Gust

APRIL 27, 2014

Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Up and Running

SEPTEMBER 19, 2018

One of our Bplans writers described going into business in cannabis as a “ once-in-a-generation opportunity ,” with the product rapidly becoming legal for recreational as well as medical use in many states. Write your business plan and develop your business model with this in mind so you can avoid these issues. .

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

VC Cafe

SEPTEMBER 2, 2022

With the investor slowdown we’ve seen so far in 2022, approximately 30% globally in Q2 2022 (compared to the equivalent period last year, according to Crunchbase ) it’s more difficult for startups to get funded, which increases the important of finding the right investor, as quickly as possible.

Technical Review 166

Technical Review Early Stage Cofounder Portfolio 166

Startup Professionals Musings

APRIL 21, 2023

As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare. New product process. Business risks are not just development risks. Ownership.

Intellectual Property 343

Intellectual Property Metrics .Net Social Network 343

Steve Blank

MARCH 26, 2019

The class was unique in that it was 1) team-based, 2) experiential, 3) lean-driven (hypothesis testing/business model/customer development/agile engineering). When we started this class, the concept of Lean (business models, customer development, agile, pivots, mvp’s) was new to everyone. Class Velocity/Depth.

Lean 248

Lean Business Model Balance Sheet Video 248

Startup Professionals Musings

MARCH 22, 2023

Enjoy the personal learning and growth of new business models, more efficient processes, and existing customers who remain loyal due to your initiatives. Amazon and Jeff Bezos credit much of their growth and success to incenting innovative business “experiments.” Use metrics and data to quantify progress and return.

Metrics 279

Metrics Startup Agile Salary 279

YoungUpstarts

JUNE 1, 2019

This is the second in a three-part series that aims to help you understand the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale. Go-to-Product. In the go-to-product phase, you can get help from a plethora of incubators, accelerators and angel investors.

Cleveland 150

Cleveland Framework Marketing Early Stage 150

The Startup Magazine

MAY 31, 2022

As part of our Female Founder series , The Startup Magazine caught up with Claudia Freed, CEO of the Wheaton Illinois-based nonprofit EALgreen. Freed received the first scholarship created from a sustainable-business model by the collaboration of EALgreen, WW Grainger, Inc. As an immigrant student from Argentina, Ms.

Founder 118

Founder Argentina Chicago Switzerland 118

leananalyticsbook.com

AUGUST 19, 2012

The One Metric That Matters. One of the things Ben and I have been discussing a lot is the concept of the One Metric That Matters (OMTM) and how to focus on it. That doesn’t mean there’s only one metric you care about from the day you wake up with an idea to the day you sell your company. Lean Analytics Book.

Metrics 58

Metrics Clickthrough Lean Analytics 58

The Startup Magazine

APRIL 1, 2018

You’ve developed a great product. There are numerous startups chasing after a comparatively small number of VCs. Before meeting with a venture capitalist, you must have a clearly defined business model and a functioning team in place. Is it a lifestyle product? Is the business generating cash? Stay Focused.

Startup 95

Startup Portfolio Software Review Technical Review 95

Steve Blank

MARCH 17, 2020

With the Covid-19 virus a worldwide pandemic, if you’re leading any startup or small business, you have to be asking yourself, “What’s Plan B? It’s no longer business as usual for the rest of the economy. But next the question is, ‘What happens to my business?”. What does your new business model look like?

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436